This statistic shows the results of a 2016 survey in which respondents in the United Kingdom (UK), who had never used peer-to-peer networks to either lend or borrow money, were asked what the main factors were behind their choice not to use the platform. Of respondents, 53 percent had a lack of trust in the reliability of investing in peer-to-peer (P2P) lending and 48 percent thought that there was a lack of regulations in the process.
How influential are the following in your choice to not lend or borrow via P2P networks?
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Share of respondents
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TSYS. (March 17, 2016). How influential are the following in your choice to not lend or borrow via P2P networks? [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS. "How influential are the following in your choice to not lend or borrow via P2P networks?." Chart. March 17, 2016. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS. (2016). How influential are the following in your choice to not lend or borrow via P2P networks?. Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS. "How Influential Are The following in Your Choice to Not Lend or Borrow via P2p Networks?." Statista, Statista Inc., 17 Mar 2016, https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS, How influential are the following in your choice to not lend or borrow via P2P networks? Statista, https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/ (last visited July 04, 2024)
How influential are the following in your choice to not lend or borrow via P2P networks? [Graph], TSYS, March 17, 2016. [Online]. Available: https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/